b****a 发帖数: 4465 | 1 Boss urged me to take female hormones, says trader's lawsuit
Andrew Clark
Fri 12 Oct 2007 19.21 EDT First published on Fri 12 Oct 2007 19.21 EDT
A powerful American hedge fund has been accused of a bizarre form of sexual
harassment by a former trader who claims he was encouraged to take female
hormones to make him less aggressive.
In an apparent attempt to rebalance the testosterone-driven nature of money-
making, Andrew Tong, 37, alleges that a superior at SAC Capital urged him to
take drugs to make him a more effeminate, obedient and details-orientated
employee.
Connecticut-based SAC has more than $14bn (£6.9bn) of funds under
management and is run by one of Wall Street's richest men - the billionaire
financier Steve Cohen.
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A judge in New York's supreme court has sealed the details of the lawsuit
because of its salacious contents. But leaks to the television channel CNBC
and the New York Post reveal that Mr Tong claims the hormones played havoc
with his emotions.
Mr Tong, who is married, maintains that he started dressing in women's
clothes and suffered emotional and physical distress.
He claims that he ended up having a sexual relationship with his computer
trading boss, Ping Jiang, whom he blames for encouraging him to take the
drugs in the first place. His case is directed both at Mr Jiang and at SAC.
The parties have been sent to arbitration. The US equal employment
opportunities commission is also investigating.
SAC has furiously denied the claims. A spokesman said: "SAC conducted a
thorough investigation and found these scurrilous accusations to be false.
We will vigorously defend ourselves and are confident that these claims will
be swiftly rejected at arbitration."
SAC's top brass are said to be angry that the allegations have leaked out.
The fund is one of the most high-profile in America - it was founded by Mr
Cohen in 1992 with $25m and now employs more than 800 people.
Mr Cohen, whose fortune is put at $6.8bn by Forbes magazine, is a noted art
enthusiast with a collection including works by Andy Warhol and Pablo
Picasso. He also owns the celebrated work by Damien Hirst - the Physical
Impossibility of Death in the Mind of Someone Living - consisting of a tiger
shark pickled in formaldehyde. | e******u 发帖数: 3206 | 2 old news 不就是江平
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【在 b****a 的大作中提到】 : Boss urged me to take female hormones, says trader's lawsuit : Andrew Clark : Fri 12 Oct 2007 19.21 EDT First published on Fri 12 Oct 2007 19.21 EDT : A powerful American hedge fund has been accused of a bizarre form of sexual : harassment by a former trader who claims he was encouraged to take female : hormones to make him less aggressive. : In an apparent attempt to rebalance the testosterone-driven nature of money- : making, Andrew Tong, 37, alleges that a superior at SAC Capital urged him to : take drugs to make him a more effeminate, obedient and details-orientated : employee.
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